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Supply surge to dampen recovery in hotels’ profits

Sept. 2: An expected surge in supply of premium hotel rooms may take the sheen off Indian hotel firms’ plans to raise tariffs and revive profitability, though analysts expect the second half to fare b

Americans use less energy due to recession

American citizens are using less energy and making more use of renewable energy resources due to the economic recession and technological advances, a national laboratory report has said.

The use of c

'India fared well during financial crisis'

India fared comparatively well during the recession that had engulfed the world, mainly due to inherent strength of its economy, according to a Congressional oversight panel report. "Because the finan

British Prime Minister going bald?

Britain's youngest Prime Minister in almost two centuries, Mr David Cameron, is so worried about the country's huge budget deficit that he seems to be literally losing hair over it. According to leadi

US to grow 4 pc, unemployment to stay at 9 pc

Washington, July 24: Battling the worst recession in decades, the US government expects unemployment to stay at or above 9 percent until 2012 even as the economy grows by at least 4 percent in 2011 an

Obama signs law to prevent another recesssion

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Washington, July 22: US President Barack Obama has signed into law the most sweeping financial industry reform legislation since the Great Depression, terming it insurance against the kind of meltdown

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.